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i want the best policy which will grow america's economy and give us some prosperity. and my judgment is very clear. the best way to do that is to lower tax rates, restrict deductions. that's i think how you do it. >> yeah. stuart: i agree that that plan was defeated in the last election. can you make the economic judgment, what do you think is the best way to give us growth? >> well, i'm not an economist. i don't think that raising -- putting the tax rates back to the clinton level -- clinton era level is going to harm the economy. but if you could not raise taxes and you could make it up another way, i do think that's the better way to go. and, you know, i think the president is now appealing a little bit to the base on insisting on it has to be the tax rates, when he should be open to -- and maybe he will be -- this could just be a negotiating tactic, he should be open to the idea of closing loopholes eliminating deductions and making up the revenue in another way. stuart: i was right. >> you're very sensitive to drifting. stuart: i have never been described as sens
i want the best policy which will grow america's economy and give us some prosperity. and my judgment is very clear. the best way to do that is to lower tax rates, restrict deductions. that's i think how you do it. >> yeah. stuart: i agree that that plan was defeated in the last election. can you make the economic judgment, what do you think is the best way to give us growth? >> well, i'm not an economist. i don't think that raising -- putting the tax rates back to the clinton level...
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the president is meeting with all different people from all different parts of the economy. the majority of americans agree with him. we've got grover norquist and john boehner and a couple of the bat crap crazies, as you like to call them, holding the rest us hostage. >> they will all vote for this. do we go off the curb or the cliff and do you have to go back when someone asks you, why did not you vote for this on december 5th when you could have done it? why did you wait into january? let the markets crash. take that uncertainty out and cause the stress to the american families. >> i had democratic senators tell me months ago that they were hearing from a couple of republican senators in the cloak room that they actually need us to go off the cliff so they can then cast a vote that is purely interpreted as a tax cut no matter how you look at i. have you heard anything like that from any whispers from the republican side in the house? >> no. no. not in there. and it is strange. i would have thought a month, there is a different reality out there. >> it set in with you. >>
the president is meeting with all different people from all different parts of the economy. the majority of americans agree with him. we've got grover norquist and john boehner and a couple of the bat crap crazies, as you like to call them, holding the rest us hostage. >> they will all vote for this. do we go off the curb or the cliff and do you have to go back when someone asks you, why did not you vote for this on december 5th when you could have done it? why did you wait into january?...
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jenna: let's talk about the economy now. the "wall street journal" reporting today that the jobs market could be in line for some significant improvement in the coming year if we can get a deal on the fiscal cliff, that is the big question. businesses which have held off investing and hiring because of uncertainty over the fiscal outlook might finally open their wallets, that means more jobs too. a little bit more optimism potentially on the horizon. even if a tough jobs market and maybe an unpredictable economy there are some ways to get ahead. these why we what wanted to talk to our next guest who knows thing or two about that. joining us now, kat cole the president of cinnabon. you have a very unique journey to the position you have today. it all started at hooters, right? >> yeah, i started out like many teenagers, my first job in malls and restaurants, and i got a job at hooters as a hostess and worked my way up and became a waitress at haouters for a fe hooters, when the cooks quit i began to cook. that sent me all ove
jenna: let's talk about the economy now. the "wall street journal" reporting today that the jobs market could be in line for some significant improvement in the coming year if we can get a deal on the fiscal cliff, that is the big question. businesses which have held off investing and hiring because of uncertainty over the fiscal outlook might finally open their wallets, that means more jobs too. a little bit more optimism potentially on the horizon. even if a tough jobs market and...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> tonight, we have new evidence that secretary of state hillary clinton is running for president. polls reveal that she sent hand signed notes with supportive words and encouragement to democrats who narrowly lost their congressional races. in one note, secretary clinton wrote, we will continue needing your voice in the public square in the years to come. in the words of eleanor roosevelt, the future belongs to those who believe in the beauty of their dreams. onward! onward indeed. president obama's pick to chair the democratic party for the next four years, representative debby wasserman schultz, said this about secretary clinton today on andrea mitchell reports. >> she is an incredible leader who has a tremendous fu
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> tonight, we have new evidence that secretary of state hillary clinton is running for president. polls reveal that she sent hand signed notes...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusua
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a...
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. >> stephanie: wages as a percentage of the economy are at an all-time low as this chart shows. i have a handy dandy chart once again. >> socialist, communist, hip hop barbecue. >> stephanie: thank you, skeeter. let's goo to jerry. >> caller: hey, steph. i was wondering during the fiscal cliff thing they are talking about putting medicare and everything on the block, couldn't they accuse the president of cutting $716 billion out of medicare -- >> stephanie: right, remember that. thank you, you are the smartest boy in class. [ bell chimes ] >> i'm flabbergasted that they did that! >> stephanie: yes. mernii in michigan. hi, merni. >> caller: hi steph. i'm going to take you off of speaker. >> stephanie: all right. thank you go ahead. >> caller: i wanted to make a follow-up to one of the things that you just brought up that these businesses like wal-mart and a lot of them don't want to pay more than basically minimum wage and then not even have people working a full -- you know a full workweek. >> stephanie: right. >> caller: and basically they -- on top of that they are forcing the
. >> stephanie: wages as a percentage of the economy are at an all-time low as this chart shows. i have a handy dandy chart once again. >> socialist, communist, hip hop barbecue. >> stephanie: thank you, skeeter. let's goo to jerry. >> caller: hey, steph. i was wondering during the fiscal cliff thing they are talking about putting medicare and everything on the block, couldn't they accuse the president of cutting $716 billion out of medicare -- >> stephanie: right,...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>> 45 minutes past the hour, checking our top stories now. a typhoon blamed for the deaths of at least 274 people in the philippines. it destroyed close to 3,000 homes. it's moving offshore after leaving washed out roads, downed power lines and other damage. >>> citigroup plans to cut 11,000 jobs world wide including positions at 44 positions here in the united states. the cuts are part of a plan to reduce expenses. we don't know when the layoffs will begin. >>> a
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're...
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maybe the economy is doing better than we thought? >> that certainly could be the case. >> the labor force declines. some people hopped out of the labor market, which might be one of the reasons why -- >> that might be sandy as well. >> diane, you were saying? i'm sorry. go ahead. >> these numbers are more -- less clarifying and adding more to the chaos than clarity because of sandy. and, you know, the underlying issues going on here, the breakdown. people jumping out of the labor force, that could actually be sandy or unemployment insurance claims are beginning to expire. we're seeing a lot of people taking retirement at 62. not because they can but because it's a bridge when they run out of unemployment. baby boomers, half the reduction in labor force participation rate in the last couple of years has been due to demographics alone. the other half very much a weak economy. i think these are all important things. unfortunately, my guess is that november is just not going to give us a lot of clarity on where we're actually going. >> t
maybe the economy is doing better than we thought? >> that certainly could be the case. >> the labor force declines. some people hopped out of the labor market, which might be one of the reasons why -- >> that might be sandy as well. >> diane, you were saying? i'm sorry. go ahead. >> these numbers are more -- less clarifying and adding more to the chaos than clarity because of sandy. and, you know, the underlying issues going on here, the breakdown. people jumping...
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. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. so check out the web site. just google elizabeth warren. i think i want to write her a check plyself. i would really love to see her join the ranks of the united states senate and get rid of scott brown. 1-866-55-press. ♪ >> sorry if it seems forward, but i had to give that -- >> announcer: stephanie miller. . >> -- the test drive, and let me say, wow. [ laughter ] >> stephanie: thank you. thank you very much. i am a smooth drive. 1-800-steph-1-2 the phone number toll free from anywhere. ed in houston you are on the "stephanie miller show." hi ed. >> caller: good morning, miss miller, and good morning to the guys. >> hello. >> good morning. >> caller: my question as i presented to t-bone was why don't we just go ahead and allow the trigger to fall into effect? why don't we say okay you guys don't want to make a deal fine. we'll go back to the clinton era, which will happen at the beginning of the year. >> stephanie: yeah. >> caller: and i mean also other people in the lower-inc
. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. so check out the web site. just google elizabeth warren. i think i want to write her a check plyself. i would really love to see her join the ranks of the united states senate and get rid of scott brown. 1-866-55-press. ♪ >> sorry if it seems forward, but i had to give that -- >> announcer: stephanie miller. . >> -- the test drive, and let me say, wow. [ laughter ]...
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to the financial pressures caused by a whole bunch of things, ranging from the internet to a tough economy. now, this is kind of a blip compared to what some newspapers, including my former paper "the washington post" have gone through, cutting hundreds and thousands of employees through buy-outs and layoffs, other methods of trimming the payroll. 30 voluntary buy-outs is nott that much. given the time to keeping that news rm big, it shows that even if you are in new york and you are a big national newspaper, you cannot be immune to the tough times facing the print business right now. >> hey, howie, thank you. love your show. >> thank you so much. talk to you again. >> howie kurtz joining us live on a number of topics. >>> also, secretary of state hillary clinton has a message, and it's for syria. use chemical weapons against your own people, and the united states will take action. what does that mean? we'll talk about it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive iss
to the financial pressures caused by a whole bunch of things, ranging from the internet to a tough economy. now, this is kind of a blip compared to what some newspapers, including my former paper "the washington post" have gone through, cutting hundreds and thousands of employees through buy-outs and layoffs, other methods of trimming the payroll. 30 voluntary buy-outs is nott that much. given the time to keeping that news rm big, it shows that even if you are in new york and you are...
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i do agree with you there. >> not tax increases that hurt the economy. that's my only point. you thought we had an agreement there, didn't you? >> i did. we were close. stephen moore, thank you so much for joining us this morning. >> my pleasure. take care. >>> of the many unanswered questions about the jovan belcher murder/suicide tragedy, our talk back question today, should the perkins/belcher tragedy cause us to rethink gun control? is bob costas right? facebook.com/carolcnn. i'll be right back. there's a health company that can help you stay that way. what's healthier than that? and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together
i do agree with you there. >> not tax increases that hurt the economy. that's my only point. you thought we had an agreement there, didn't you? >> i did. we were close. stephen moore, thank you so much for joining us this morning. >> my pleasure. take care. >>> of the many unanswered questions about the jovan belcher murder/suicide tragedy, our talk back question today, should the perkins/belcher tragedy cause us to rethink gun control? is bob costas right?...
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bill: on a tenuous economy too. what are republicans say, wendell? >> reporter: john baker says they don't have a starting point with democrats refusing to say what spending cuts they're willing to accept. democrats say the president made clear in the election campaign he wanted to phase out tax cuts for upper income earnings boehner says he is something for much more than that. >> the president is asking for $1.6 interest worth of new revenue for 10 years, twice as much as he has been asking in public. he has stimulus spending here that exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. >> reporter: politically each side wants the other to own as much as possible of an ultimate agreement that possibly neither of their constituencies are going to like. bill? bill: thank you, wendell goler, on the north lawn there at the white house. martha. martha: a little more background on this now. budget negotiations with congressional leaders started a few weeks ago really with president obama calling for that $1.6 tril
bill: on a tenuous economy too. what are republicans say, wendell? >> reporter: john baker says they don't have a starting point with democrats refusing to say what spending cuts they're willing to accept. democrats say the president made clear in the election campaign he wanted to phase out tax cuts for upper income earnings boehner says he is something for much more than that. >> the president is asking for $1.6 interest worth of new revenue for 10 years, twice as much as he has...
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republicans claim that that will boost the economy and jobs. but democrats are calling it an attack on workers' rights. governor rick snyder has previously said that right-to-work is not on his agenda but he does plan on sign that next week. back on capitol hill steven spielberg is slated to attend "lincoln." poems president obama is hosting the event at the capitol visitor senator. after the screening, spielberg and louis along with 3 other actors will hold a q and a session with senators and their guests. more "bill press" is coming up after our break. see you then. i want the people who watch our show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. an impact beyond just informing. an impact that gets people to take action themselves. as a human being that's really important. this is not just a spectator sport. before the sneeze, help protect wi
republicans claim that that will boost the economy and jobs. but democrats are calling it an attack on workers' rights. governor rick snyder has previously said that right-to-work is not on his agenda but he does plan on sign that next week. back on capitol hill steven spielberg is slated to attend "lincoln." poems president obama is hosting the event at the capitol visitor senator. after the screening, spielberg and louis along with 3 other actors will hold a q and a session with...
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economy. here is founder of blue collar corner opinion comgood morning. >> thanks for having me. >> steve: we read texas, iowa and arizona and florida, they need people to build stuff but there are not enough people. where did they go? >> we are coming off one of the worst cycles of construction i experienced in three decades. that skilled labor force moved on and went in to safer industries with a stable market . we lost them. a lot of them retire we lost a lot of good talent. we could remedy. >> steve: we are going to find out how . demonstrating the need. 320,000 people stopped looking or working in the particular field. a lot of the people are you know, a lot of young people just starting their job careers. okay, i go to college or get a blue job and you say that is the way to go. >> i don't know when if our history. there is a stigma has been attached . to me that is wrong. they are noble jobs. i mean, steve. i was building the studio and the green room said we were having coffee and ther
economy. here is founder of blue collar corner opinion comgood morning. >> thanks for having me. >> steve: we read texas, iowa and arizona and florida, they need people to build stuff but there are not enough people. where did they go? >> we are coming off one of the worst cycles of construction i experienced in three decades. that skilled labor force moved on and went in to safer industries with a stable market . we lost them. a lot of them retire we lost a lot of good...
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this is our economy. we all want the economy to get better and americans to have more opportunities at jobs. this agreement should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then why wouldn't we consider it? >> what if we go over the cliff. doesn't the president hold all the cards then? can't he say, all right, everybody taxes have increased. i'm offering 98% a tax cut of $2,000 a year. you are the party of lower taxes. are you going to refuse to cut people's tacks? >> nobody wants to go over the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three
this is our economy. we all want the economy to get better and americans to have more opportunities at jobs. this agreement should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our...
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the economy will account for more than one-third of the global gross domestic product. some members are still cautious about the plan. they claim ja nan is not doing enough to remove tariff barriers. others such as france and italy are concerned about the japanese vehicles. in response to these objections the european commission has included the clause in its basic policy that the eu could break off the top any time. that japan is not doing enough to open up its market a year after the talks get started. eu trade commissioner made clear that he will keep a tough stance during negotiations. >> let's not be anxious. europe is not naive. >> reporter: he wants to expand trade in an attempt to overcome the euro zone debt crisis. many members are hopeful about the free trade pact with japan. the talks may face raw growing due to wide differences of opinion. >> that wraps up this for this hour. i'll leave you with a check on market figures. >>> police fired water cannons and tear gas at hundreds of villagers and buddhist monks. the protesters say residents are being forcibly d
the economy will account for more than one-third of the global gross domestic product. some members are still cautious about the plan. they claim ja nan is not doing enough to remove tariff barriers. others such as france and italy are concerned about the japanese vehicles. in response to these objections the european commission has included the clause in its basic policy that the eu could break off the top any time. that japan is not doing enough to open up its market a year after the talks...
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. >> steve: it could be a sign of a lowsy economy. so many people who need jobs and as you have detailed, it is relatively easy to get on the disability list. i need to feed my family and this is my last option. >>> that's right. in a nation of moochers, part of what happens. if you are laying out money people come and take it. if the government is giving out free money, people are going to line up for that money and again, the disability insurance program is not supposed to be a jobless program and simply an economic program, it is supposed to be providing a leg up to people who need that help . unfortunately, i think it is something else. >> steve: there should be better standards. >> brian: a nation of moochers. charlie psyches, thanks so much. 26 minutes after the hour. >> steve: imagine returning home after work to an empty lot. your used to be right there and it is gone. >> she said to me are you sure your house is gone? i said you misplace a pen or pencil and you don't misplace a house. >> steve: we'll tell you the story. >> br
. >> steve: it could be a sign of a lowsy economy. so many people who need jobs and as you have detailed, it is relatively easy to get on the disability list. i need to feed my family and this is my last option. >>> that's right. in a nation of moochers, part of what happens. if you are laying out money people come and take it. if the government is giving out free money, people are going to line up for that money and again, the disability insurance program is not supposed to be a...
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behavior of the big three the big three are not behaving and haven't behaved in the interests of the economy of the us or as a whole i don't think i think that is incontrovertibly they say that they have acted in the benefit of the investors. that is possible but i've met some investors who believe that they're not acting in their benefit either they're acting in their own commercial interests there are a commercial company. now let's quickly run through the markets first the currencies the ruble end of the day stronger to both the euro and the greenback the euro is gaining to the dollar rebounding from wednesday's losses moving on to equities wall street stocks are extending one's day's gains mainly on the hopes that the u.s. government will manage to avoid the so-called fiscal cliff and european equities and of their trading session i notice while more than one percent for london's footsie thanks to all that optimism coming from the states this marks the third straight day of games in europe and here in russia the indices recovered from wednesday's losses demonstrating pretty robust gains
behavior of the big three the big three are not behaving and haven't behaved in the interests of the economy of the us or as a whole i don't think i think that is incontrovertibly they say that they have acted in the benefit of the investors. that is possible but i've met some investors who believe that they're not acting in their benefit either they're acting in their own commercial interests there are a commercial company. now let's quickly run through the markets first the currencies the...
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if the economy, does the economy rapidly improve? there are a lot of different factors but by and large people act rationale if they know those stocks going to get hammered, you will pay extra taxes you shy away from the stocks and why warren buffett has the bully puppet, i know he is a billionaire but he is a speculator and a political mouthpiece of the administration and it is tiring listening to this guy like he is the greatest economic mind we have? come on. >>neil: you are going --. >>guest: he hat made his share of mistakes, remember that sleazy deal? >>neil: we say the dividend rate could go to the top, whatever the income rate could be the rate you pay on taxes. the rumble over ronald, the unions going after the fast food powerhouse but why you could be the one getting kicked. we bel, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar tra
if the economy, does the economy rapidly improve? there are a lot of different factors but by and large people act rationale if they know those stocks going to get hammered, you will pay extra taxes you shy away from the stocks and why warren buffett has the bully puppet, i know he is a billionaire but he is a speculator and a political mouthpiece of the administration and it is tiring listening to this guy like he is the greatest economic mind we have? come on. >>neil: you are going --....
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not just for the american economy but the world economy. we have a chance to do something very good for the country now. >> republicans, though, aren't happy with what i think you could call a first iteration of the plan. listen. >> i was just flabbergasted. i looked at him, said, you can't be serious? i've just never seen anything like it. >> that's majority leader boehner saying that he was stunned to get some of the details of what the president was planning. joining us this morning, carlos gutierrez. former commerce secretary under george w. bush. also former director of hispanic outreach for the romney campaign. nice to see you, sir. thank you for talking with us. >> pleasure, soledad. >> this morning i was talking to senator blumenthal. he was sort of saying i'm optimistic, i'm hopeful. where do you see that? i don't know that i see optimism. >> no. i agree with you. i'm very disapoented. you know, the big picture is more than just the fiscal cliff. and a lot bigger than do we raise taxes on people who are there to make more than $250
not just for the american economy but the world economy. we have a chance to do something very good for the country now. >> republicans, though, aren't happy with what i think you could call a first iteration of the plan. listen. >> i was just flabbergasted. i looked at him, said, you can't be serious? i've just never seen anything like it. >> that's majority leader boehner saying that he was stunned to get some of the details of what the president was planning. joining us...
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economy eased. the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this thursday morning. taking a look at other markets in the asia-pacific, south korea's companiespy is 1949. let's take a look at australia. the benchmark index is lower by about.25%, 4508. let's see where china takes us when they open the next hour. >>> european commission regulators have imposed a fine worth almost $2 billion for running two price-fixing cars sells. they say it's the highest-ever anti-trust penalty in their history. the commission leaders said they fined six companies a total of $1.
economy eased. the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen...
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Dec 2, 2012
12/12
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FOXNEWSW
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what they really want to know is the economy going to grow or not. if you're increasing taxes on dividend, you get less capital and dividends and then less growth for the economy and less revenue for the government. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of
what they really want to know is the economy going to grow or not. if you're increasing taxes on dividend, you get less capital and dividends and then less growth for the economy and less revenue for the government. >> well, a lot of people worry about the many years that japan has been in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path...
WHUT (Howard University Television)
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Dec 6, 2012
12/12
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WHUT
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economy keeping stocks from falling any further, though. the nikkei ended above that key 9,500 level for the first time since april. the shanghai composite edged down just over 0.1% after a pretty sharp rebound yesterday. south korea's kospi also managing gains. it closed higher by more than 0.1%. that put it at a seven-week high. let's move on to currencies now. dollar/yen right now is a little higher, seeing it at 82.35. market observers say investors are buying the dollar on optimism about the u.s. budget talks, but its advance has been capped today as many traders do remain on the sidelines ahead of u.s. jobs data, which is due out on friday. now, in terms of the euro, it's still holding pretty strong against the yen, right now at 107.70. >>> officials at japan's transport ministry have ordered airlines to inspect boeing passenger jets. they say state-of-the-art 787 dreamliners have had problems with their fuel lines. the emergency order followed a fuel leak in october involving a 787. that's flown by all nippon airways. they found that
economy keeping stocks from falling any further, though. the nikkei ended above that key 9,500 level for the first time since april. the shanghai composite edged down just over 0.1% after a pretty sharp rebound yesterday. south korea's kospi also managing gains. it closed higher by more than 0.1%. that put it at a seven-week high. let's move on to currencies now. dollar/yen right now is a little higher, seeing it at 82.35. market observers say investors are buying the dollar on optimism about...
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Dec 3, 2012
12/12
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CURRENT
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with the economy, it isn't fair blah, blah, blah. we have heard this for months. longs longer than months. now that obama won, he has this new leverage. he's got a lot going for him finally, and he has the cojones to put a deal on the table as a starting bid in the negotiations that isn't already caving. this is the first. republicans are acting like we were saying during break that john boehner was flabbergasted by the proposal the democrats put forward. i think if anyone who has been following this is flabbergasted at anything, it's that obama put forward plan that is look a true wish list instead of an already- half-caved starting point. >> here is boehner on fox"fox news sunday," his reaction to the president's plan and jay carney showed us last week has been out there for a long time. >> right. >> it's in print. it's online. if they have electricity, they could read it and john boehner says: >> i was just flabbergasted. i looked. you can't be serious. i have just never seen anything like it. we have seven weeks between election day and the end of the year. an
with the economy, it isn't fair blah, blah, blah. we have heard this for months. longs longer than months. now that obama won, he has this new leverage. he's got a lot going for him finally, and he has the cojones to put a deal on the table as a starting bid in the negotiations that isn't already caving. this is the first. republicans are acting like we were saying during break that john boehner was flabbergasted by the proposal the democrats put forward. i think if anyone who has been...
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Dec 4, 2012
12/12
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FOXNEWSW
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and it is a bigger for the united states economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time give to a shareholder at the end of the years pay less now opposed to more later and when we get to next year we are in an economy that is in a higher tax environment, companies will grow less well if that environment, association whatever cash they have, and they have available to pay out, will be taxed at a high are rate. >>neil: what do you make of the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful
and it is a bigger for the united states economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time...
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democrats and do what's best for the country or take a tea party type hardline stance that will doom the economy also big drought super storm systems and above average temperatures are just some of the devastating effects of climate change but there are still those who say this is all normal climate change is still just one big made up myth or the deniers up to now and new reports out suggest the chemicals from halliburton is highly controversial fracking process are killing livestock nationwide but the government stop this dangerous practice before we all die from fracking related food poisoning. president obama just won reelection to the white house with a margin of about fifty one percent of the popular vote about the same number he won by in two thousand and eight the last president to win both election and reelection by fifty one percent or greater was dwight d. eisenhower in the elections in one thousand nine hundred two in one hundred fifty six so apparently both obama and eisenhower were doing something right that a clear majority the american people liked but what could that be we're al
democrats and do what's best for the country or take a tea party type hardline stance that will doom the economy also big drought super storm systems and above average temperatures are just some of the devastating effects of climate change but there are still those who say this is all normal climate change is still just one big made up myth or the deniers up to now and new reports out suggest the chemicals from halliburton is highly controversial fracking process are killing livestock...
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Dec 5, 2012
12/12
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MSNBC
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it's bad for -- it's certainly bad for the economy and it's also been bad for the economy brand. it's the reason that they were unsuccessful in the polls and by two to one if we don't reach a deal for the fiscal cliff. and it's also the reason why you see voters very clearly support having the wealthiest pay a little bit more. it the one proposal that is consistently -- it received strong support from a ma sdwrort majority of reporters and they dig their heels in and say we don't support this. they are on the wrong side of politics, wrong side of what history supports. it's just a bad strategy all the way around. >> now, what happened last time we held the debt ceiling hostage, it led to the first credit down grade in u.s. history. the stock market dropped 1300 points in 2011 and the gop rating dropped 11 point, congresswoman. do we need to play this game again? >> no. and that's why the president went to the business roundtable. this is a very unpopular and there are real kwens. the downgrading of our credit rating is consequential to say that he's not playing that game anymore
it's bad for -- it's certainly bad for the economy and it's also been bad for the economy brand. it's the reason that they were unsuccessful in the polls and by two to one if we don't reach a deal for the fiscal cliff. and it's also the reason why you see voters very clearly support having the wealthiest pay a little bit more. it the one proposal that is consistently -- it received strong support from a ma sdwrort majority of reporters and they dig their heels in and say we don't support this....
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Dec 6, 2012
12/12
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the belgian economy only managed to stagnate. the services sector in the eurozone only managed to slow down its contraction. the transport companies, trade companies, and other companies of the services sector are far from being able to report a change of trend to the positive. no wonder that the stock market in frankfurt did not really get into gear this wednesday. an exception was made by these stocks -- the stocks of nokia. it announced an exclusive deal with china mobile, the world's largest mobile-phone services provider. they have more than 700 million subscribers. >> let's take a quick look at some market numbers. the dax ended the day at about -- up about 1/4 of 1%. euro stoxx 50 closed just a a tad up. -- just a tad up. the dow jones is at 13,076. the euro is trading at 1.3079. >> un generate -- un secretary general ban ki-moon is calling on nations to come to an agreement about how to stop global warming. he made those comments at the climate talks in qatar. and he is trying to break a deadlock between the countries who
the belgian economy only managed to stagnate. the services sector in the eurozone only managed to slow down its contraction. the transport companies, trade companies, and other companies of the services sector are far from being able to report a change of trend to the positive. no wonder that the stock market in frankfurt did not really get into gear this wednesday. an exception was made by these stocks -- the stocks of nokia. it announced an exclusive deal with china mobile, the world's...
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Dec 5, 2012
12/12
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kim has also vowed to develop north korea's economy. >> translator: we must stop on a part of industrial revolution for the new century and make north korea a great economic power. >> there no tangible signs of improvement. the u.n. program said 16 million north koreans or nearly 70% of the population suffer from malnutrition. north korea's relations with the outside world are at a stand still. last february the united states agreed to provide food aid in exchange for being free of the ballistic missile tests. the deal was welcome after the north tested a missile. north korea's leadership has been trying to hold talks with the united states, but officials in washington said they are not ready to accept. china is also applying pressure on its neighbor. arguing that the missile launch could violate u.n. resolutions. nhk world. >> the professor is an expert on the korean peninsula. i spoke with him to get more insight into the korean missile launch. i started with asking him the intention of north korea. >> the mostortant thing for pong i don't think is to appeal or to empathize with their
kim has also vowed to develop north korea's economy. >> translator: we must stop on a part of industrial revolution for the new century and make north korea a great economic power. >> there no tangible signs of improvement. the u.n. program said 16 million north koreans or nearly 70% of the population suffer from malnutrition. north korea's relations with the outside world are at a stand still. last february the united states agreed to provide food aid in exchange for being free of...
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meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in the next week to the shins us the small school shopping days it even coalesce around to turn this thing down this isn't mutual have and this is loss is most of the funny outgoing he comes i am after we are going to take on full find the billionaire how would you compare egypt's economy now to walsh from the. father the economy was somewhat the boom that mubarak deserved this was sixty five for instance at central bank now will still down fifteen point five billion dollars and this is a huge cut that would result and it affects the impulse on the top it affects investors no one will come to inves
meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in...
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find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. cash from qatar has been flowing into france for some time now the latest being a huge tie up to pump vital funds into struggling small business but the gulf states generosity is now being met with increasing high level suspicion next year ships explains. france is already no stranger to qatari dollars fans of parisian football club present your man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie due to economic crisis financing from governments are. too big to be obtained talking about cuts or we are talking about business we don't have any finance so we have a financing of financial. we can go and that may soon happen nicolas sarkozy's administration cemented ties with doha placing a military base in the gulf state and signing an investment deal now qatar is t
find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into cars a report on our. cash from qatar has been flowing into france for some time now the latest being a huge tie up to pump vital funds into struggling small business but the gulf states generosity is now being met with increasing high level suspicion next year ships explains. france is already no stranger to qatari dollars fans of parisian football club...
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Nov 29, 2012
11/12
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CURRENT
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we're not bringing the pieces together to bring the economy back where it should be. it's hard to watch the slow motion grind not discussing the issues. what about the discussion of the cap that has been etched into stone, and i'm not sure why. >> i think because there has been so much of a focus on letting the bush tax cuts expire for the top two percent and the discussions got narrowed to that. it has left us in the trillion dollar area as opposed to looking at real corporate tax reform and other ways that revenue can be generated. it looked like congressman defazio was paining a picture of how we can confront that early next year. >> eliot: he's one of our favorites. i don't think he speaks yet unfortunately for the mainstream, i wish he did. >> right. >> eliot: i don't think he does, but i think it's interesting when you hear what eric cantor says and even john boehner. they still will not discuss raising rates. they're willing to go there the charade of loophole closing and this and that, but none of which gets us where we need to be. >> right. it is amazeing to
we're not bringing the pieces together to bring the economy back where it should be. it's hard to watch the slow motion grind not discussing the issues. what about the discussion of the cap that has been etched into stone, and i'm not sure why. >> i think because there has been so much of a focus on letting the bush tax cuts expire for the top two percent and the discussions got narrowed to that. it has left us in the trillion dollar area as opposed to looking at real corporate tax reform...
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the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to create prosperity. we have to do that in a unified way because, even though the forecast can look bleak at different times, we have an incredibly resilient economy. great job create, out there given the chance which make a big difference. that is what we have to continue working on. melissa: jim, aren't you afraid of being punished either by the public or by the government for speaking out at this point? i mean i have talked privately to people on wall street who have said, you know, they feel like get pistol-whipped when
the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to...
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Nov 29, 2012
11/12
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. >> the goal is to grow the economy and cut spending. you won't grow the economy if you put tax rates on the top two rates. >> there was no serious discussion by the white house on entitlements on medicare and medicaid. this has to be a part of this agreement. >> reporter: the white house is going all out on this campaign tactical front, even deploying twitter, using the hash tag, to learn how they would save. >>> and chuck todd on the white house lawn, starting us off. a big aspect of this again is medicare, 50 million americans get their health insurance through medicare. that number is growing quickly as the baby boom number gets older. polls show americans don't want big change to it, but big change could come. nbc's tom costello has more on what it may look like. >> reporter: it is one of the most popular government programs, but medicare now accounts for more than 13% of federal spending, and expected to grow at what many analysts call an unsustainable rate. so among the many options congress could consider to cut costs, slowly rai
. >> the goal is to grow the economy and cut spending. you won't grow the economy if you put tax rates on the top two rates. >> there was no serious discussion by the white house on entitlements on medicare and medicaid. this has to be a part of this agreement. >> reporter: the white house is going all out on this campaign tactical front, even deploying twitter, using the hash tag, to learn how they would save. >>> and chuck todd on the white house lawn, starting us...
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Dec 2, 2012
12/12
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CNNW
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to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of the people at heart. over the last ten years what they've seen is their own income, family income, has not kept up with the enormous pace of the growth of the economy. they feel ultimately they're not winning out. what the government has to do is figure out a way to reassure people that they are in fact the number one priority. you've heard this over and over again in the first language from this new president. when he gave the first speech he put aside some of the old language about socialism and chinese characteristics and a h
to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of...
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Dec 4, 2012
12/12
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they'll share their views on how to right the japanese economy. they'll debate whether japan should join negotiations on the free-trade agreement known as the transpacific partnership. they'll outline their vision for how to supply the country's energy needs after the nuclear disaster in fukushima. and they'll talk about how to defend national security. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. earlier i spoke with nhk senior commentator masayo nakajima, who has covered countless elections in japan. i asked him what voters are thinking about most. >> voters are thinking first off about whether the democratic party of japan should stay in power. you know, the dpj swept into power in 2009, ending more than half a century of unbroken rule by the leader democrats. its leaders promised a lot as people used to being in opposition often do. they said they would cut government spending. they said they would stop the construction of a multimillion-dollar dam, make expressways toll free. prime minister noda had
they'll share their views on how to right the japanese economy. they'll debate whether japan should join negotiations on the free-trade agreement known as the transpacific partnership. they'll outline their vision for how to supply the country's energy needs after the nuclear disaster in fukushima. and they'll talk about how to defend national security. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. earlier i spoke with nhk senior commentator masayo...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on our. or. her. clone welcome back you're watching r.t. live from moscow to fans team for a u.s. soldier bradley manning has accused of releasing secret army files to wiki leaks claims he was abused in detention at turning cabin zs believes manning started paying for his alleged crimes long before the trial for nine months he was held at a marine base in quantico which i mention remey because manning is in the army so i was already strained at this marine brig he was held in solitary confinement on a very restricted schedule he was not allowed to do exercise in his cell he was not allowed to lie down in his cell all day today where the sit up without lean back against the wall all day he got out one hour a day for exercise and so it was a very restrictive environment for no good reason at all the military says is that protect him and the bradley manning feels like that in his in his lawyer here that this was punishment for fou
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report on our. or. her. clone welcome back you're watching r.t. live from moscow to fans team for a u.s. soldier bradley manning has accused of releasing secret army files to wiki leaks claims he was abused in detention at turning cabin zs believes manning started paying for his alleged crimes long before the trial for nine months he was held at...
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Dec 4, 2012
12/12
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CURRENT
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. >> bill: and grow the economy. put it in the hands of the wealthiest 2% and all they do is sit on it. we had eight years under bill clinton. tax rates were high and we had 22 million new jobs. eight years under george bush and disaster. igor volsky, great to see you again, my friend. thanks for coming in. thinkprogress.org. and we'll be right back. >> announcer: radio meets television. the "bill press show." now on current tv. that viewers like about the young turks is that we're honest. they can i think that the audience gets that this guy, to the best of tell them it's like being nestled in an eight-way, adjustable, heated and ventilated seat surrounded by a 500-watt sound system while floating on a suspension made of billowy clouds. or you could just hand them your keys. ♪ ♪ ♪ ♪ >> announcer: taking your e-mails on any topic at any show." live on your radio and current tv. >> bill: hey, lots of comments and responses to our question, we asked at the very top of the hour. should the kkk be allowed to adop
. >> bill: and grow the economy. put it in the hands of the wealthiest 2% and all they do is sit on it. we had eight years under bill clinton. tax rates were high and we had 22 million new jobs. eight years under george bush and disaster. igor volsky, great to see you again, my friend. thanks for coming in. thinkprogress.org. and we'll be right back. >> announcer: radio meets television. the "bill press show." now on current tv. that viewers like about the young turks is...
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Dec 1, 2012
12/12
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KQED
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. >> wherever our trades negotiation the economy comes to life. norfolk-suffolk, one line, infinite possibilities. >> additional corporate funding is provided by boeing. additional funding is provided by the anenburg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. perhaps you took a break for the holidays. perhaps you gave thanks that the election was ofrlte then you dialed back in this week and discovered, no, we have apparently just entered a new phase in a political year that never ended. two big stories this week -- the impending fiscal cliff and the washington debates over who will succeed hillary clinton as secretary of state. first to the fiscal cliff. at the end of the year the buescher ra tax cuts will expire and the first wave of $1.2 trillion in spending cuts is scheduled to kick in. c.e.o.'s and economists alike are worried this will send the economy spiraling back into recession. th
. >> wherever our trades negotiation the economy comes to life. norfolk-suffolk, one line, infinite possibilities. >> additional corporate funding is provided by boeing. additional funding is provided by the anenburg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. perhaps you took a break for the holidays. perhaps you gave thanks...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers do.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers do.